PROTECTED SOURCE SCRIPT
[UPRIGHT Trading] Trend Direction Force Index (TDFI)
Updated
The Trend Direction Force Index, TDFI or TDF Index, is a staple in the Forex community, but is excellent on most asset (i.e. stock) trading.
Developed by Pyotr Wojdyo for metastock trading platform originally, but now on several other.
The idea of the TDFI is that there is enough trend directional force to enter the trade.
How it works:
When the signal is above the high threshold, the trader can go long.
When the signal is below the low threshold, the trader can go short.
It's usually used as confirmation along with another indicator.
Features:
If you like this, you will definitely like what else I've published.
Like, follow, support, etc.
Enjoy.
Cheers,
Mike
(UPRIGHT Trading)
Developed by Pyotr Wojdyo for metastock trading platform originally, but now on several other.
The idea of the TDFI is that there is enough trend directional force to enter the trade.
How it works:
When the signal is above the high threshold, the trader can go long.
When the signal is below the low threshold, the trader can go short.
It's usually used as confirmation along with another indicator.
Features:
- Fully customizable
- Built-in color changing
- Alerts!
If you like this, you will definitely like what else I've published.
Like, follow, support, etc.
Enjoy.
Cheers,
Mike
(UPRIGHT Trading)
Release Notes
- Small aesthetic change.
Release Notes
tiny fix.Release Notes
- Small adjust fix.
Release Notes
- Added MFT as per requested.
Enjoy and please check out and support my work :)
Release Notes
**Added non-repaint option as requested. 
Site: uprighttrades.com
old site: uprighttrader.com
Scripts: tradingview.com/u/UPRIGHTTrading/
Like & follow for great ideas & indicators!
old site: uprighttrader.com
Scripts: tradingview.com/u/UPRIGHTTrading/
Like & follow for great ideas & indicators!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.